Video & Transcript : 'foreign dividends' :

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MN

Minnesota 2025-2026 Regular Session

House Press Conference 3/19/25

Transcript Highlights:
  • The Veterans of Foreign Wars is proud to be a part of this as the Commander Task Force, but not only
  • Uh, the Veterans of Foreign<00:15:53.759><c> Wars</c><00:15:54.560><c> is</c><00:15:54.959><c> uh</c>
  • Wars is uh proud to be a part of Foreign Wars is uh proud to be a part of this<00:15:56.240><c> as</
  • </c> The Veterans of Foreign Wars has passed laws in different forms.
  • The Veterans of Foreign Wars has been fighting for veterans for over a century.
MO

Missouri 2026 Regular Session

Special Committee on Rural Issues Apr 8th, 2026

Special Committee on Rural Issues

Transcript Highlights:
  • It is saying no foreign-owned company could use eminent domain regarding wind and solar.
  • They could use eminent domain because we are seeing an energy crisis, but this bill prevents any foreign-owned
  • What do you describe as a foreign-owned company?
  • That would be a foreign company. That would be a foreign-owned company.
  • The company would be owned by a foreign entity. The company would be owned by a foreign entity.
Summary: The Special Committee on Rural Issues met with a quorum and considered several bills and resolutions. The most contentious item was Senate Bill 1383, which had been loaded with multiple House amendments and a House Committee Substitute that combined a wide range of education-related provisions, including driver education, school finance transparency, property rules for charter schools, school accountability report cards, anti-bullying policy, educator preparation and literacy requirements, career and technical student organization staffing support, media literacy, and gifted testing. Members raised concerns that the substitute was overly broad, included provisions not heard in committee, and could impose unfunded mandates on school districts. After debate, the committee rejected the House Committee Substitute by a 5-7 vote and then voted 12-0 to do pass the underlying Senate Committee Substitute for Senate Bill 1383. The committee then took up House Bill 2169. An amendment to bar foreign-owned companies from using eminent domain for wind and solar projects was debated, with members questioning how foreign ownership would be defined and whether the language would affect companies with mixed ownership or U.S.-based subsidiaries. The amendment failed, and the bill was then approved by a 9-3 vote. House Bill 1699, dealing with county health officer appointment procedures, received a clarifying amendment stating that if a health officer is not reappointed, the officer must leave office and the county commission must appoint an interim; that amendment and the substitute were adopted, and the bill passed 11-0. Finally, the committee considered House Concurrent Resolution 38. A substitute correcting a typo was adopted, and the resolution then passed unanimously, 11-0. The meeting concluded with no further business and adjournment.
FL

Florida 2025 Regular Session

Commerce and Tourism Feb 18th, 2025

Commerce and Tourism

Transcript Highlights:
  • So once the business becomes more mature, we can help them get into foreign markets, international markets
  • So I'm curious, how much does this industry rely on foreign labor, particularly folks who have work permits
  • Make claims or have rights with respect to the assets or the liability of the foreign series LLC.
  • We're figuring we're putting in there how foreign series LLCs can already transact business in Florida
  • It's pretty lengthy because it has all the requirements for how this foreign series would operate, and
Summary: The Committee on Commerce and Tourism convened with several members present and Senators DiCeglie and McClain excused. The committee first heard a presentation from Greg Britton, State Director of the Florida Small Business Development Center Network, who described the network’s statewide small-business assistance, including startup support, export and contracting help, disaster recovery, and rural outreach. He highlighted reported 2023 impacts such as $3.9 billion in sales generated, $575.9 million in government contracts, $346.2 million in capital, and support for 2,009 new businesses, including 130 manufacturing firms over the past two years. Members asked about comparisons with SCORE and about measuring rural success, with the chair suggesting jobs and wages in rural areas would be useful metrics; Britton said he could provide job data but was unsure about wage information. The committee then took up SB 320 by Senator Gates, which creates a five-year demonstration project for an alternative licensure pathway for surveyors and mappers. The bill would allow a “first-step” probationary license based on industry certification, apprenticeship, recommendation from a licensed Florida surveyor, and passage of the Department of Agriculture exam within the five-year period, without requiring a four-year degree. Senators asked about the labor shortage, education requirements, foreign workers, and moral character standards. Gates said the shortage is chronic and worsening, the bill has no degree requirement, and anyone meeting the qualifications could proceed regardless of visa status. The committee voted to report SB 320 favorably. Next, the committee considered SB 316 by Senator Berman, which authorizes series limited liability companies in Florida and sets rules for how Florida and foreign series LLCs may operate and transact business in the state. Berman explained that the bill is intended to let businesses isolate liabilities across separate series while providing clearer rules for Florida citizens and businesses dealing with such entities. There were no substantive questions, one appearance form in support, and the committee voted to report SB 316 favorably before adjourning.
CA
Transcript Highlights:
  • But California will not back down, and we will continue to work with our foreign partners to meet our
  • There are over 18,963 foreign-owned enterprises throughout the state of California, supporting direct
  • come in and they spend foreign currency for their experience, and they go home.
  • In many cases, the foreign seller and the U.S. buyer are the same multinational firm.
  • In many cases, the foreign seller and the U.S. buyer are the same multinational firm.
Summary: The Assembly Select Committee on Asia, California, Trade and Investment held its first informational hearing to examine California’s trade, tourism, and investment ties with Asia and the effects of federal tariffs. Chair Jessica Caloza opened by emphasizing California’s role as the world’s fourth-largest economy and a major exporter to Asia, and several members and guests highlighted the importance of subnational diplomacy, sister-city relationships, and coordinated trade missions. Lieutenant Governor Eleni Kounalakis described California’s long-standing engagement with Asian partners, citing trade missions, the 2023 APEC summit in California, and the state’s large Asian American and Pacific Islander population as reasons to deepen these relationships. The first panel focused on trade, tourism, and foreign investment. Leaders from the Los Angeles County Economic Development Corporation, the San Francisco Chamber of Commerce, and Visit California said California’s economy depends heavily on Asia-linked trade, tourism, and direct investment. They warned that federal tariffs and related policy uncertainty are disrupting ports, logistics, manufacturing, education, and travel, with impacts on longshore work, shipping volumes, international students, and visitor spending. Visit California reported a decline in 2025 visitation, especially from Asia and Canada, and urged stronger promotion, partnerships, and state-level support to maintain California’s global brand. The second panel examined tariff impacts in more detail. Glenn Fukushima and Dr. Kyle Handley said tariffs function as taxes on imports, raising costs for businesses and consumers and discouraging investment when policy changes are frequent and unpredictable. They argued California is especially exposed because of its ports, supply chains, and cross-border trade with Asia and Mexico, and warned that new vessel fees and rerouted freight could further harm California shippers. Both said tariffs are unlikely to achieve clear strategic goals quickly and may damage U.S. credibility and long-term trade relationships, while recommending that California focus on making itself more competitive through infrastructure, permitting reform, export assistance, and other measures within state control. The final panel turned to future opportunities and the role of small businesses. Speakers from the San Diego Regional Chamber of Commerce, the Asian Business Association California, and the Small Business Development Center network stressed that small and minority-owned firms often feel trade disruptions first and need more access to trade missions, capital, technical assistance, and large events that generate business spillover. They said California should continue investing in ports, business support systems, and international partnerships so that trade and tourism gains reach businesses across the state.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, December 4, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • American classrooms are becoming battlegrounds for foreign influence.
  • The US will not allow a foreign regime The US will not allow a foreign regime to<00:36:37.359><c> dictate
  • Under the spreading foreign propaganda.
  • </c><00:57:30.720><c> influence</c> a firm stand against foreign influence a firm stand against foreign
  • </c> notion that if you're from a foreign notion that if you're from a foreign country,<03:26:05.520>
Bills: HR1049 , HR1069
CA
Transcript Highlights:
  • But California will not back down, and we will continue to work with our foreign partners to meet our
  • As a matter of fact, Japan is one of the largest foreign investors in California, with approximately
  • come in and they spend foreign currency for their experience, and they go home.
  • In many cases, the foreign seller and the U.S. buyer are the same multinational firm.
  • In many cases, the foreign seller and the U.S. buyer are the same multinational firm.
Summary: The Assembly Select Committee on Asia, California, Trade and Investment held its first informational hearing to examine California’s economic ties with Asia, the effects of federal tariffs, and ways the state can strengthen trade, investment, tourism, and subnational diplomacy. Chair Jessica Caloza opened by emphasizing California’s role as the world’s fourth-largest economy and a major exporter to Asia, and several members and guests highlighted the importance of AAPI communities, sister-city relationships, and coordinated state outreach. Lieutenant Governor Eleni Kounalakis described California’s trade missions, APEC hosting, and ongoing climate and trade partnerships, while Japan’s deputy consul general underscored Japan’s role as a major investor and trading partner and encouraged continued engagement. The first panel, featuring leaders from the Los Angeles County Economic Development Corporation/World Trade Center Los Angeles, the San Francisco Chamber of Commerce, and Visit California, focused on trade, tourism, and investment trends. Witnesses said tariffs and federal uncertainty are disrupting logistics, manufacturing, business travel, higher education, and tourism, with particular concern about port activity, international student declines, and reduced visitation from Asia. They urged California to remain “open for business,” invest in promotion and infrastructure, and use trade missions, MOUs, and sister-city ties to maintain relationships and attract investment. The second panel, with economist Kyle Handley and trade expert Glenn Fukushima, focused on the mechanics and consequences of tariffs. Both said tariffs function as taxes on importers and consumers, raise costs for businesses, and create uncertainty that delays investment, hiring, and supply-chain decisions. They warned that California is especially exposed because of its ports, cross-border trade, and reliance on global supply chains, and said new federal vessel fees and shifting trade routes could divert commerce away from California. They argued that the long-term damage includes lost growth and reduced U.S. credibility, and recommended that California “tariff-proof” its economy through faster ports, better infrastructure, export assistance, and reduced permitting barriers. In the final panel, representatives from the San Diego Regional Chamber of Commerce, Asian Business Association California, and the Small Business Development Center emphasized future opportunities and the needs of small businesses. They said California should deepen ties with Asia through conventions, tourism, and sector-specific partnerships in life sciences, clean tech, semiconductors, hospitality, and small business trade. The witnesses stressed that small and minority-owned businesses need more access to trade missions, capital, technical assistance, and state support, and that California’s economic strength depends on coordinated efforts across regions and industries.
AL

Alabama 2025 Regular Session

Alabama Senate Mar 18th, 2025

Alabama Senate Floor Meeting

Transcript Highlights:
  • This bill involves foreign drivers' licenses. Give me one second, Mr. President.
  • go to the polling location to vote only having a foreign national license.
  • But whenever they show that ID that says "foreign national license," it creates... ...that says "foreign
  • license right in... ...foreign driver's license right in Alabama.
  • Again, I'm sorry, we will issue that identification here in Alabama, the foreign national license.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session May 14th, 2026 at 08:00 am

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • owned, you're not foreign controlled, or you're not a foreign alien individual to be able to own land
  • So, if there's a foreign Adversary ownership that's not approved by our national yus, then they would
  • But yes, there's no cap on what the reward for turning in bad actors or foreign adversaries would be.
  • in a foreign adversary and is not a citizen or lawful permanent resident of the United States.
  • So When we move through to page 11, it says a foreign principle from a foreign adversary country shall
ID

Idaho 2026 Regular Session

Mar 9th, 2026

Commerce and Human Resources

Transcript Highlights:
  • This bill, the Foreign Adversary Investment Act, is an adjustment to a bill I brought here before that
  • adversary countries so as not to fund development of military technologies and surveillance tools of foreign
  • This bill the foreign adversary investment act is an adjustment to a bill I brought here before that
  • adversary countries so not to fund development of military technologies and surveillance tools of foreign
  • Section 3 on page 1, it's defining foreign adversary as it exists on February 1st, 2026, but going to
MA

Massachusetts 2025-2026 Regular Session

Senate Committee on the Census Feb 10th, 2026

Senate Committee on the Census

Transcript Highlights:
  • This is the foreign-born population as a percent of the total population, all states.
  • That's this gray line here, where the foreign-born labor force has grown significantly.
  • Thank you. ...where the foreign-born labor force has grown significantly.
  • You just have fewer, like, you know, senior foreign-born folks than you do foreign-born young.
  • foreign-born residents are in those kind of prime child-rearing years, as Susan called it.
Summary: The Senate Committee on the Census, chaired by Senator Will Brownsberger with Senator Liz Miranda and other members participating, held a hearing on mid-decade population estimates and projections for Massachusetts. Susan Strait of the UMass Donahue Institute presented the latest Census Bureau estimates and explained the main components of population change: births, deaths, domestic migration, and international migration. She said Massachusetts has continued to grow, but much more slowly than in the immediate post-2020 period, largely because net international migration has fallen sharply after a pandemic-era surge. She also reviewed fertility and aging trends, noting that births are concentrated among women in their 30s, that the state’s population is aging, and that the share of residents 65 and older is projected to rise substantially, increasing the dependency ratio. Strait and committee members discussed the role of immigration in Massachusetts’ population growth, the concentration of immigrants in Greater Boston and other regions, and the effect of immigration on births and the labor force. They also discussed domestic out-migration, especially among young adults, and the possibility that housing affordability is a major driver. Senators raised questions about how the Census counts people in group quarters such as prisons and dormitories, and Strait explained that the Census counts incarcerated people where they are housed and generally does not treat dormitory residents as migrants in the same way as household residents. She said the Census Bureau is still working on methodological issues such as extending a “college fix” to more areas. Jesse Partridge Guerrero of the Metropolitan Area Planning Council described how MAPC uses Donahue Institute population projections, household headship rates, and UrbanSim to allocate projected households down to regional, municipal, and sub-municipal levels. He said the projections used for MassDOT’s long-range transportation plan anticipated slower statewide growth and regional decline in the Cape and parts of western and central Massachusetts. Tim Reardon of the Executive Office of Housing and Livable Communities then explained how those projections feed into the statewide housing plan, including three population scenarios and associated housing needs. He said the plan estimates a need for about 115,000 homes to address existing shortages and another 73,000 households even under a low-growth scenario, with total housing needs rising to roughly 222,000 units under the middle scenario and 262,000 under the high scenario. Members pressed him on whether the scenarios may understate future need given the recent drop in immigration and ongoing affordability problems, and he said the state is also pursuing housing production, rental assistance, shelter response, seasonal conversion prevention, and infrastructure support for communities. No votes were taken.
ND

North Dakota 2025-2026 Regular Session

Senate Floor Session Apr 7th, 2025 at 01:00 pm

North Dakota Senate Floor Meeting

Transcript Highlights:
  • amendments, says: A bill for an act to provide for a Legislative Management report relating to a foreign
  • President, as said, House Bill 1209 is regarding a foreign adversary threat assessment. ...regarding
  • a foreign adversary threat assessment.
  • adversaries, now referred to as foreign countries of concern by the Committee on Foreign Investment
  • in the U.S., with the appointment and the new administration here. ...on Foreign Investment in the U.S
Summary: The Senate opened with prayer, roll call, and a quorum present, then moved through a series of conference committee appointments and reconsideration motions. Senator Axtman successfully moved to reconsider House Bill 1160, which had previously failed, and the chamber later passed it. HB 1160 creates a statewide bell-to-bell policy restricting personal electronic devices during instructional time; supporters argued it would reduce distractions, improve mental health and academic outcomes, and help teachers, while opponents raised local control concerns. The bill passed 42-4. The Senate also passed several other measures, including HB 1247 on protecting student victims of sexual offenses, HB 1489 consolidating civil protection orders into one chapter, HB 1032 making municipal courts courts of record and updating related procedures, HB 1487 authorizing a Minot facility for the Highway Patrol and Bureau of Criminal Investigation with a line of credit and emergency clause, HB 1469 requiring annual online statements of interest for public officials, HB 1199 creating the Missing and Indigenous People Task Force and related MMIP initiatives, HB 1169 regulating paid veterans benefits claim assistance with consumer protections, HB 1209 directing a foreign adversary threat assessment, and HB 3018 as amended to study water, wetlands, and taxation of inundated lands. Most of these passed with strong bipartisan support, though HB 1169 drew substantial debate over veterans’ service options and HB 1209 passed on a narrower 40-7 vote. The chamber rejected or declined several other measures. HB 1455, which would have required the Indian Affairs Commission to review introduced legislation for tribal implications, failed 7-40 after concerns about an unfunded mandate and duplicative duties. HB 1259, which would have put North Dakota on year-round daylight saving time, was defeated 15-32 after debate over time zones, construction, recreation, and whether the issue should be left to future legislatures. HB 1555, dealing with statements of ownership for foreign organizations of concern, also failed 3-44. The Senate then moved to announcements and committee scheduling for later meetings and conference committees.
TX
Transcript Highlights:
  • In two of the three cases, the intended parents were foreign nationals.
  • So on two of the three cases, two were about foreign nationals, correct? Correct.
  • And in two cases, they were foreign nationals.
  • Let's take this foreign—let's just say a U.K. citizen.
  • Foreign-owned surrogacy agencies that are foreign-owned. Yes. Hmm.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Science & Technology

House Science & Technology Committee of Reference

Transcript Highlights:
  • equipment does not use or provide any service with any equipment that is manufactured or owned by a foreign
  • I think that this is a bill that will address real threats from our foreign...
  • I think that this is a bill that will address real threats from our foreign adversaries that I've seen
  • You may have seen in the news this week that the FCC announced its decision to ban foreign-made routers
  • I previously worked for the Committee on Foreign Investment in the United States, right?
Summary: The Committee on Science and Technology heard Senate Bill 1046, which would prohibit critical telecommunications infrastructure in Arizona from using equipment manufactured or owned by a foreign adversary, require annual certification to the Corporation Commission, impose civil penalties for noncompliance, and bar violators from receiving certain public funds for telecom infrastructure. Marina Macklin testified in support, arguing the bill would reduce cybersecurity and national security risks tied to Chinese-linked telecom equipment and that states have an important role in procurement and infrastructure protection. Members asked about examples such as Huawei, the cost of compliance, whether the threat is current, and whether the bill duplicates federal efforts; Macklin said the measure targets public procurement, addresses existing risks, and complements rather than conflicts with federal action. The committee then voted 5-1 to return SB 1046 with a do pass recommendation, with one member citing concerns about timing and implementation. The committee also received a presentation from Craig Luxbacher of the University of Arizona on mining technology and the state’s role in critical minerals. He described Arizona as a hub for mining innovation and discussed university work on autonomous equipment, microgrids, pilot processing, tailings recovery, workforce training, and heat-stress monitoring. Members asked about microgrids, legal and policy changes needed to de-risk domestic mining, tariffs, workforce decline, and whether AI and automation would reduce jobs; Luxbacher said automation is driven by economics, not just regulation, and would likely create more skilled maintenance and technical jobs rather than eliminate the workforce. Jeremiah Pate of Lunisand then presented on subsurface imaging technology using geo-radio-tomography, which he said can image deep underground from airborne platforms and help locate critical minerals, aquifers, tunnels, and buried military infrastructure. Members asked about applications for archaeology, identifying mineral types, water detection, uniqueness of the technology, and possible defense uses. Pate said the company is working toward better mineral identification, can detect aquifers readily, and is currently the only company fielding this type of airborne subsurface imaging. The chair closed the meeting after thanking members and speakers, and the committee adjourned.
AZ

Arizona 2026 Regular Session

03/18/2026 - Senate Judiciary and Elections

Judiciary and Elections

Transcript Highlights:
  • Fotomonte is a foreign company.
  • This bill also does something very important in that it cuts off foreign funding of our elections.
  • This includes banning the corrupting influence of foreign funding in our elections.
  • Heritage Action asked the committee to... ...of its citizens, not foreign billionaires.
  • And then on the foreign funding of ballot measures across the country, that is polling around 78% to
NH

New Hampshire 2025 Regular Session

House Education Funding (01/30/2025)

Transcript Highlights:
  • taxes, whether they're rooms and meals taxes or business profits taxes or formerly the interest and dividends
  • taxes, whether they're rooms and meals taxes or business profits taxes or formerly the interest and dividends
  • 04:27:54.680><c> the</c><04:27:54.840><c> interest</c><04:27:55.119><c> and</c><04:27:55.279><c> dividends
  • </c><04:27:55.760><c> tax</c><04:27:56.520><c> do</c> formly the interest and dividends tax do formly
  • the interest and dividends tax do do<04:27:57.439><c> are</c><04:27:57.840><c> are</c><04:27:58.159>
Summary: The hearing focused on HB 563, which would revise the education funding formula for pupils receiving special education services by replacing the current single special education amount with three differentiated categories. Representative Rick Ladd, the prime sponsor, said the bill largely tracks a House-passed version from the prior session with minor figure adjustments, and explained that the proposal uses projected FY26 amounts for three categories based on time in general education versus more intensive placements. He also noted that the bill does not address catastrophic aid directly, but that special education aid, CAT aid, and proration all remain issues for later work sessions. Ladd and supporters argued that weighted categories better reflect actual costs and are more sustainable than treating all IEPs the same. Representative Margaret Drye said the approach was one of the best ideas from the education funding subcommittee and urged the committee to support differentiated aid. Representative Ames asked how the category amounts were derived, and Ladd said Category A follows the FY26 base, Category B is a higher weight, and Category C is a still higher weight for more intensive services, though he acknowledged the exact multipliers were developed earlier and could be revisited. He also said the committee would continue discussing whether the weights are appropriate and how they interact with CAT aid. Testimony from Bonnie Dunham strongly opposed the bill. She argued that funding based on placement rather than actual service need would create incentives to move students into more restrictive settings, could stigmatize children with labels such as "Category C," and would undermine the least restrictive environment requirements under federal special education law. She described her son’s experience in inclusive settings as beneficial and said the bill would have penalized the district for serving him there. In response to questions, she said schools and parents should base funding on the child’s actual needs and costs, not on placement, and urged the committee to recommend the bill inexpedient to legislate.
AZ

Arizona 2026 Regular Session

03/11/2026 - Senate Health and Human Services

Senate Health and Human Services COR

Transcript Highlights:
  • The bill defines foreign adversary to mean the People's Republic of China, Russia, Iran, North Korea,
  • This bill is simple, saying that these machines, this technology, should not be coming from a foreign
  • And the reason for that is we've seen it in the past where this kind of ...from a foreign adversary.
  • There are plenty of companies that do this that are not on that list of being a foreign adversary, so
  • That testing would not be able to be done with a foreign adversary-based nation, is that correct?
Summary: The committee approved minutes from February 18, February 19, and March 4, then took up several health-related bills. HB 2050, which updates radiologic technologist and radiologic assistant standards, school accreditation, clinical hours, supervision rules, fees, and telehealth definitions, received support from a radiologic technologist and a nurse practitioner and passed 7-0 with a do-pass recommendation. HB 2082, creating a Childhood Cancer and Rare Childhood Disease Research Commission and expanding the research fund, was amended to require at least $5 million in funding before commission allocations and to shift grant-awarding authority to the DHS director; it passed 7-0 as amended, though members raised concerns about oversight. HB 2176, which changes DHS licensing denial criteria and complaint-investigation procedures for health care institutions, also passed 7-0 after testimony from hospital and public health representatives supporting clearer timelines and transparency, with one member noting concerns about possible subjectivity in ownership-related denials. HB 2195, addressing DHS oversight of nursing care institutions, including personnel record access, deficiency timelines, and complaint-investigation deadlines, was amended to delay implementation until July 1, 2027 and allow off-site preliminary reviews; it passed 7-0 as amended, though one member said DHS should have been present to answer questions. HB 2202, appropriating $300,000 annually for a dementia care tele-mentoring program, drew support from the Alzheimer’s Association and a patient with younger-onset Alzheimer’s; it passed 6-1, with one no vote arguing medical schools should teach the material instead of the state funding it. HB 2307, an emergency measure to address placement of dangerous, incompetent, non-restorable defendants, was heavily debated and amended to use up to three beds at the Arizona State Hospital forensic campus temporarily, create a study committee, and sunset after five years; counties and DHS disagreed over whether counties should bear any costs, and the bill passed 4-3 as amended. Finally, HB 2584, which prohibits public funds from being used for genetic sequencing equipment or services tied to foreign adversaries, passed 4-3 after a sponsor and a national security witness argued it would protect genomic data from hostile foreign control. The committee then adjourned.
US
Transcript Highlights:
  • Congress, all of us, overwhelmingly supported designating cartels as foreign terrorist organizations.
  • I agree with Senator Kim that illicit activities by drug cartels, foreign terrorist organizations and
  • We really cannot give our enemies that type of leverage. such an action by a foreign adversary could
  • It must tighten up restrictions related to national security and unregistered foreign stablecoin issuers
  • We've done a lot. on foreign issuers.
Bills: SB875
Summary: This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.
US

US Federal 2025-2026 Regular Session

Hearings to examine the Arctic and Greenland's geostrategic importance to U.S. interests. Feb 12th, 2025 at 09:00 am

Commerce, Science, and Transportation Committee

Transcript Highlights:
  • the U.S. were to gain access to Greenland's resources, could significantly reduce our dependence on foreign
  • I am currently a Senior Fellow at the American Foreign Policy Council.
  • Put simply, and as embodied in Greenland's own foreign security and defense policy strategy that was
  • Workforce needs would require the import of foreign labor. given that skilled mining labor is minimal
  • So, I'm concerned we're seeing the same thing here, reckless foreign policy and economic policy ideas
Summary: The meeting convened by the Senate Committee on Commerce, Science, and Transportation focused on the potential acquisition of Greenland by the United States. This issue, first raised by President Trump in 2019, has gained renewed significance amidst shifting global dynamics and the strategic importance of Greenland in relation to transatlantic trade routes and national security. The members discussed the geopolitical implications of Greenland's position, especially given the increasing influence of China and Russia in the Arctic region. Notably, the urgency to address military presence and icebreaker capabilities in the Arctic was a major point of contention, with a call for a new fleet to counter foreign dominance in the area.
HI

Hawaii 2025 Regular Session

WAM Public Hearing 04-15-2025

Ways and Means

Transcript Highlights:
  • the common goals of HCR 182 and HCR 83 is to focus financing on levy tariffs so the rich and the foreigners
  • the common goals of HCR 182 and HCR 83 is to focus financing on levy tariffs so the rich and the foreigners
  • </c><00:03:47.440><c> the</c> levy tariffs so the rich and the levy tariffs so the rich and the foreigners
  • and</c><00:03:48.239><c> outofstate</c><00:03:49.000><c> travelers</c><00:03:50.000><c> can</c> foreigners
  • and outofstate travelers can foreigners and outofstate travelers can afford<00:03:51.599><c> more</c
Summary: The committee heard testimony on three resolutions: HCR 61, HCR 182, and HCR 183. Testimony on all three was generally supportive, with support noted from the Hawaii Children’s Action Network, Grassroot Institute of Hawaii, ACLU, Chamber of Commerce, Hawaii Food Industry Association, Hawaii Renewables Fuels Coalition, the University of Hawaii, and CARES. Angela Melody Young testified in strong support on behalf of CARES on multiple items, urging consideration of county processes, financing structures, and the need for procedures free from partisan influence. For HCR 183, the University of Hawaii said it stood on its written testimony and was available for questions. The discussion focused less on opposition and more on suggested policy considerations. Testimony on HCR 61 raised questions about how physical notes or related procedures should be administered and whether the process should be housed in a nonpartisan office. On HCR 182 and HCR 183, testimony emphasized coordinating state and county financing and planning, including references to property tax classifications, general obligation bonds, and long-term statewide projects such as Aloha Stadium. At the close of the hearing, the chair recommended taking all three resolutions together. The committee voted to pass HCR 61, HCR 182, and HCR 183 unamended, with all voting members present voting aye and two senators excused. The resolutions were adopted.
CA
Transcript Highlights:
  • Governor's Budget Proposal is the right investment at the right time, and it's one that will pay dividends
Summary: The subcommittee heard opening remarks and updates from UC President James Milliken and CSU Chancellor Mildred Garcia on the state of higher education, including federal funding losses, civil rights/Title IX compliance, enrollment, housing, and budget needs. Both leaders emphasized the value of UC and CSU to California’s workforce, research, and economic mobility, while warning that federal grant cancellations, investigations, and changes to student aid are creating major financial and operational strain. UC reported losing or having at risk more than 1,600 grants and over $1 billion in research activity, while CSU said it had lost more than 200 grants totaling about $161 million, including minority-serving institution grants that affected student support programs. Both systems said they are investing in civil rights services and trying to limit the release of personally identifiable information in response to federal requests. The committee then reviewed the higher education student housing grant program. Finance and Legislative Analyst’s Office staff said the governor’s budget does not include major new changes but continues support for the program. CSU reported 12 approved projects that will add about 5,047 beds, with roughly 75% below market rate, and said it has about 68,000 beds systemwide, a 92% occupancy rate, and ongoing housing insecurity among students. UC said its housing projects have added more than 7,000 beds when reduced-rent and regular-rent units are combined, but nearly 10,000 students were on housing wait lists at the start of fall 2025. Both systems described rapid rehousing efforts, emergency beds, and partnerships with community colleges, and UC noted several joint housing projects, including at Riverside, Merced, and Santa Cruz. Members discussed whether future housing bonds and use of surplus school sites could help expand capacity. In the enrollment section, the LAO recommended maintaining UC’s 2026-27 resident undergraduate target, funding enrollment growth separately from base increases, pausing the nonresident reduction plan at the three highest-demand UC campuses, and holding UC enrollment flat in 2027-28. For CSU, the LAO recommended revising the 2026-27 enrollment expectation downward to reflect updated projections, while also funding enrollment growth separately and holding enrollment flat in 2027-28. CSU said it has rebounded from pandemic-era declines, is above its funded target by about 3,000 FTE, and is shifting about $89 million and 10,000 FTE from lower-demand campuses to higher-demand ones while developing turnaround plans for seven campuses with sustained enrollment declines, including Sonoma State. UC said it has already exceeded its compact enrollment goals and is planning continued growth, but that sustaining it depends on ongoing state support. Members raised concerns about campus-specific enrollment declines, nonresident caps at UC San Diego, and the need for stronger turnaround plans and teacher preparation pathways. The final section covered core operations and deferred payments: Finance said the governor proposes another one-year deferral of about $129.7 million for UC and $143.8 million for CSU, and the LAO recommended retiring the deferrals when one-time funds are available. CSU described rising compensation, financial aid, utilities, insurance, and deferred maintenance costs, and said it is pursuing cost-saving measures such as procurement alignment, campus integration, and shared administrative services.